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Global Business News

The Economic Times

Global Business / The Economic Times

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The man in the leather jacket is gone, but new risk haunts AI firms

Jensen Huang abruptly resigned as Nvidia CEO after 33 years following reports of extramarital affairs, including one with a suspected Chinese intelligence asset. CFO Colette Kress is interim CEO. Huangs exit exposes severe key person risk and geopolitical vulnerabilities across the AI industry, highlighting the dangers of concentrating sensitive technological knowledge, political influence, and leadership in single founders.

12 Nov 2026 9:44 pm